Temporary Help Services: SBA acquisition lenders
13 SBA 7(a) loans financed acquisitions classified as Temporary Help Services nationwide, FY2024–FY2026. Ranked lenders, loan sizes, rates and state-by-state activity.
- Acquisitions financed
- 13
- Total approved
- $22.8M
- Median loan
- $1.3M
- Middle half of loans
- $945K to $2.1M
- Median starting rate
- 10.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | First Internet Bank of Indiana | 4 | 31% | $1.3M | $5.6M |
| 2 | Truliant FCU | 2 | 15% | $948K | $1.9M |
| 3 | The Huntington National Bank | 2 | 15% | $275K | $550K |
| 4 | Bank of America, National Association | 1 | 8% | $5.0M | $5.0M |
| 5 | Glacier Bank | 1 | 8% | $3.5M | $3.5M |
| 6 | Old National Bank | 1 | 8% | $3.2M | $3.2M |
| 7 | Pathward National Association | 1 | 8% | $2.0M | $2.0M |
| 8 | Highland Bank | 1 | 8% | $1.0M | $1.0M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Georgia | 2 | $1.1M | $2.2M |
| Ohio | 2 | $275K | $550K |
| Massachusetts | 1 | $5.0M | $5.0M |
| Utah | 1 | $3.5M | $3.5M |
| Michigan | 1 | $3.2M | $3.2M |
| Maryland | 1 | $2.1M | $2.1M |
| Illinois | 1 | $2.0M | $2.0M |
| Texas | 1 | $1.4M | $1.4M |
| Minnesota | 1 | $1.0M | $1.0M |
| California | 1 | $945K | $945K |
| Arizona | 1 | $843K | $843K |